The global sleeping aids market was valued at $58,272.5 million in 2014, and it is expected to grow with a CAGR of 6.2% during the period 2015 – 2020. The global sleeping aids market is increasing, due to growing geriatric population and increasing awareness about sleep disorders by various organizations. Older people are more prone to sleep disorders, such as obstructive sleep apnea and insomnia.

In addition, the lifestyle changes are leading to sleep disorder, due to the increased usage of caffeine, tobacco and alcohol. This has generated the demand for sleeping aids products. The long working hours and hectic work environment, further hampers the quality of sleep, which is leading to increased consumption of OTC drugs thus, encouraging the growth of the global sleeping aids market.

Based on sleep disorders, the global sleep apnea market segment is expected to witness fastest growth during the forecast period. Among the sleeping aids products segment, the mattresses and pillows had the largest market size in the global sleeping aids market during 2014; however the sleep apnea devices segment is expected to witness fastest growth, with 6.9% CAGR during the period 2015 – 2020.

This research offers actual historical market size (2011 – 2014) and forecast (2015 – 2020) of the global sleeping aids market in the U.S. dollars.